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Recent Updates — IBEX

September 10, 2026View Source ↗

IBEX Limited reported record fiscal year 2026 results with revenue of $644.1 million, a 15.4% increase from the prior year, and diluted EPS of $3.13, up 32.8%. Fourth quarter revenue reached $164.3 million (up 11.6%), while net income decreased to $8.7 million due to training costs and nearshore-to-offshore transfer impacts. The company introduced fiscal year 2027 guidance forecasting revenue of $700–$715 million and adjusted EBITDA of $90–$94 million. Concurrently, IBEX amended its U.S. Credit Agreement with HSBC to extend the maturity date to October 22, 2029, incurring a 0.20% closing fee on the $25 million facility and a 0.30% annual commitment fee on unutilized amounts. The company also amended its UAE Credit Agreement, extending maturity to October 22, 2029, adding a $1 million performance bond facility, and securing up to $58.9 million in receivables.